What You Need To Know About Using Commercial Estimating Software
When it comes to estimating bid price for a given construction project, a cost estimator will certainly prefer to make use of estimating software. Ultimately this will form part of a subsequent construction contract. This helps to enhance the overall process standardization, accuracy, speed, and create professionally looking reports. With the use of reference databases for predictable reports, costs, and other data, contractors can now deliver professional results in a quick and accurate manner.
While commercial cost estimating software may be referred to as computer software used to estimate costs for a given construction project, it is, however, interesting to know that this computer software is not only designed for contractors. As of today, many construction managers, engineers, architects and others are using commercial estimating software to prepare cost estimates for reasons aside from bidding.
A shift from spreadsheet
Spreadsheet errors tend to become more frequent when the formulas within the spreadsheets became more complex, and cost estimators came to rely heavily on spreadsheets. Typically, these often led to cost overruns because they were cell-reference errors and formula errors. Hence the creation of commercial estimating programs; this was mainly aimed at correcting the errors by employing data structures and hard-coded formulas.
Why consider estimating software?
Commercial estimating software is one of the most versatile and user-friendly computer programs contractors have used to date. Over the years, commercial estimating programs have become more and more popular with more advanced features. This has significantly helped to minimize the long amount of time it took before now to estimate commercial construction costs. Thanks to the introduction of this efficient software, contractors can now enjoy ample time getting ahead by doing other relevant work.
Interestingly, takeoffs can be completed much faster than when it is done in the previous hand calculated ways. Estimators only need a couple of times to learn how to use the software and that’s all. Most smart contractors in the construction industry can rarely do without this software because it has helped to effectively reduce the amount of time involved in estimating commercial construction.
Enjoy more spare time
As earlier mentioned, most modern contractors prefer using commercial estimating software due to its timesaving ability. Apart from being very accurate, versatile and easy to use, these programs provide full convenience while allowing them (contractors) to work from original plans. When compared to the modern ways of estimating cost, the old way of calculating can be better regarded as a “nightmare.” As a matter of fact, you can take advantage of any spare time in the day to use your computer and perform the estimating. This allows you to be more productive and at the same time, efficient in getting more work done in the same amount of time.
Make more sales and profit
Whether you are an electrician, mechanic or contractor, you start saving time the first time you use commercial estimating software. You are sure to put the best bid possible when you’ve got the right estimating software at hand. As a matter of fact, it will help you to accurately assess the costs involved in any given project and even prevent you from bidding too high thereby minimizing your chances of losing too many bids.